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Prime Services and Clearing Attorney

Societe Generale

Societe Generale

Legal
New York, NY, USA · New York, NY, USA
Posted on Jun 10, 2025

Responsibilities

The mission of the SGUS Legal Department is to protect SG from legal, regulatory, reputational and other risks, while at the same time assisting the SGUS business units in the achievement of their legitimate business interests by providing legal advice, drafting and reviewing legal documentation and ensuring that business is conducted in compliance with relevant laws and regulations. The SGUS Legal Department is also responsible for (a) overseeing US litigation, enforcement actions and those investigations deemed to be under the scope of responsibilities of the SGUS Legal Department; (b) promoting strong and ethical legal culture within SGUS; and (c) identifying and taking relevant steps to mitigate legal risk arising in SGUS. Accordingly, the SGUS Legal Department seeks to provide effective and quality legal services and representation to SG on all matters having legal and regulatory significance to the management, businesses or operations of SG in the United States. The SGUS Legal Department works closely with the Group Legal Department in Paris to ensure timely and effective implementation of Global Legal Function policies and procedures, and to coordinate, where necessary or appropriate, on all cross-border business transactions and activities.

The attorney desired will provide legal, regulatory and transactional advice and counsel to clients in SG’s Prime Services & Clearing business line, including its equity prime brokerage, fixed income prime brokerage and exchange-traded derivatives sales, trading and clearing activities. With respect to equity prime brokerage transactions, the attorney will provide legal and regulatory advice with respect to securities lending, enhanced leverage requirements, margin lock-ups, cross-margining, and client onboarding issues. The work will generally include drafting, reviewing and negotiating all manner of transaction documentation; providing advice and counseling on documentation; structuring and negotiating transactions; advising and supporting clients in new product development; following and advising legal and regulatory developments affecting covered products and businesses; working with multiple stakeholders within the firm (risk, tax, accounting, compliance, etc.) as well as with the primary business personnel; and coordinating/supervising activities of external counsel.